The online shopping website Temu has exploded in reputation up to now yr and a half. But as Nick Fountain from our Planet Money podcast reports, part of how they offer those low costs is through the use of a loophole round import tariffs. The new provide of retail house in shopping malls elevated seventy two % last 12 months to fifty nine.48 lakh square feet across eight main cities to satisfy rising demand from retailers, in accordance with Cushman & Wakefield.
FMCG companies are seeing a 3-5% increase in e-commerce contribution, with alternate channels accounting for 1 / 4…